Probable Sell opportunity

Gold was showing indecision candles throughout Friday's session (Spinning Top Hourly 4 candlestick) and Weekly chart decline on the Stock markets was keeping Gold Neutral and above its fair Technical value. Hourly charts turned Bullish with steady Ascending Channel and no signs of Bearish reversal at the moment, but I doubt it will last. However, I am still staying with the dominant Medium-term trend which is still Bearish. As expected the Price-action reached the middle of the accumulation zone and could turn both ways. Gold was giving me only mixed signals with #2 possible scenarios: # 1) Bullish - if #1,740.20 was broken, there was #2 semi-Resistances priced at #1,744.80 and #1,748.80, if broken, #1,754.80 was the furthest extension (Top of Bollinger bands). #2) Bearish - if #1,731.80 was broken, #1,724.80 should be next and #1,705.80 should be the extension. For me, current sideways action was a no call decision since there was nearby Resistance and Supports, not worth a risk ahead of a weekend break. I preferred to sit out Friday's session as I saw no profitable pricing opportunity. Gold was holding it’s ground on the Hourly 4 chart (Ranged session came as no Technical surprise) as the Price-action rallies, staying within Daily chart Rectangle but preserving the Bearish underlying trend. As long as Gold keeps #1,742.80 intact (#0.600% Fibonacci retracement level), I give more probabilities to the downside - since Price-action failed to test Resistance and upper extension. The reason is the Neutral Intra-day trend on Stock markets (but Bullish Medium-term) and mixed values on Usd-Jpy pair. The Price-action should soon connect with the Hourly 4 Support, which was a trend setter throughout May, and every time it didn’t succeed to hold, Gold dipped more than #27$ within #3 sessions. Personally, after Friday's weak Bullish session, I still favor going Bearish on the Medium-term, but ideally I would want to see a Higher Low broken firmly to be more certain. Gold's dip stabilized Williams% Overbought levels and can now proceed with Neutral bias. I will still remain on sidelines since the better option is to position myself after Monday’s E.U. opening, not to take any risks at the moment. If situation develops according to plan and Monday's E.U. opening delivers what I am waiting for, I will activate my Sell order/set of Sells with #1,715.80 as an first Target.